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Investors & landlords
On that vein, can I expense the following items as something other than a depreciating asset? My understanding is that they do not fit into any expense category and should be depreciated. Please let me know if I am wrong. The expense categories I see are maintenance, supplies, and repairs.
Mattress and bed frame: Purchased for the rental ONLY
Refrigerator (shared)
New living room furniture (shared)
New dining furniture (shared)
Lighting/sconces (shared space)
Television (shared space)
Thanks!!!
‎April 14, 2022
3:16 PM